I went ALL-IN Aave (LEND) and used the Aave (LEND) as collateral to take out a USDT loan to buy more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND).
>Aave (LEND) and used the Aave (LEND) as collateral to take out a USDT loan to buy more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND). Aave (LEND) and used the Aave (LEND) as collateral to take out a USDT loan to buy more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND), then used that Aave (LEND) as collateral to take out another USDT loan to buy even more Aave (LEND).
me too literally the coolest defi play right now fuck compound
Christian Morales
Can I get a bit of background? What is your liquidation levels? Does LEND give somekind of dividend or interest? How leveraged are you? I'm all in LINK since 2017 and this is about the only other project I'm interested in. Thanks. I have thought many times about leveraging some LINK there for an over collateralized loan and getting some.
Jayden Thomas
I did this as well. I went all in lend and used the lend to buy more lend to buy more lend to buy more lend to buy more lend. Not selling before coinbase listing
Austin Hughes
For what...to buy? UNISWAP DESU.
Cooper Peterson
can we get a BIG BRAIN in here to now teach us how to do the flash loan protocol on aave? This shit is literally gonna PAMP TO THE MOON
CAN YOU FRIGGIN IMAGINE IF WE COULD DO THIS TO OUR BAGS DURING THE LAST BULL RUN? LOL!!!!!!! THIS NEXT BULL RUN GONNA BE BIGG POPPPAAA PAAAMMMPPP
CHAINLINK IS LITERALY SPEAR HEADING THE NEXT BULL RUN WE ALL GONNA MAKE IT BOYS
Nolan Gutierrez
AAVENOMICS WILL BE ANNOUNCED SOON THEN U CAN STAKE UR LEND FOR INTERESSTTTT + UNANOUNCED GOODIES GRAB UR 10K SUICIDE STACK IMMEDIATELY
Lincoln Diaz
how much Aave (lend) do you need to make it as collatoral?
Anthony Garcia
What the fuck am I reading? How is this sustainable?
So how would you pay this back? If it moons wouldn't the price of what you borrowed go up? And the collateral will be locked until you pay up?
Jace Wilson
>So how would you pay this back? If it moons wouldn't the price of what you borrowed go up? And the collateral will be locked until you pay up? you borrow usdt and pay back in usdt.
Jaxson Hill
Lmao this is some next level Jewish sorcery. I’m all-in.
Ayden Cook
>Lmao this is some next level Jewish sorcery. I’m all-in. when the price of lend increases you can take out even more usdt loans to buy more lend to buy more lend
Obviously I understand continuously re- borrowing against the new LEND you bought with a stable coin; rinse and repeat.
Well I was hoping someone would give me a quick run down and maybe explain some of the nuance or mistakes they experienced. Perhaps even gave some sources where they learned about how the platform operates in detail. Obviously I'm going to research it myself. I forgot where I was at and people like you have internalized the faggot fedora wearing "intellectual superiority" edge lord mentality.
Its clearly all you have going for you, those have actual intelligent gladly share information and don't need to play mental gymnastics to try boost their self esteem.
Its so sad, how do you live with yourself?
Dominic Morris
that have actual intelligence*
Honestly though someone who isn't a total faggot please offer some sources.
Jose Mitchell
What happens when price of lend falls tho? Will this loan act as a margin call and liquidate your holdings?
Chase Walker
Essentially. It’s kind of why I’ve actually been waiting to ride my dick on this thing. The billy whales are onboard and the dump will be massive.
David King
This, under what condition s u get just ed
Ethan Turner
I'm confused about the health factor. So you can only borrow 40% of the Aave deposited right? Then I borrow Stable coin pay 7% APR. IT doesn't say how the health factor goes under 1 though. Is it just tied to the price of AAVE? So if I borrow 40% and the price goes down 10% I'm now at risk of getting liquidated unless I add that amount to cover myself or repay the loan?
The biggest problem is that it says that even stable rate can get rebalanced.
Michael Murphy
I'm depositing DAI to lend USDT then margin it, any profits go back to LEND and I use it as collateral.
Another play is borrowing LEND to short sell it, then buying back into LEND, and deposit the extra profits to keep your health factor above your liquidation level.
Keep building up that apr and aave will come in fucking clutch when you'll need to borrow more money
Careful to borrowing alts other than dai/usd though cause for example: say you borrowed ETH and used DAI as collateral. Then you swapped your ETH for a other shit token. A day later, ETH pumps 5% to 10% or some shit. If you can't pay back the ETH you borrowed in time before your health factor goes below 1.00, then youll lose your collateral
Cooper Anderson
The whole point is to accumulate AAVE though
John Davis
>The whole point is to accumulate AAVE though this
Mason Lee
U don’t lose it all tho right just 10% ?
Parker Sullivan
Loans are overcollaterized, which means if he lends 10 Aave-Lend, he can only borrow 70% of the value (7 Aave-Lend) he would be rising his risk exposure by using all his leverage to loan
